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Consumer Direct, Distributed Retail, Partners

RMF Earns License to Originate HECMs in New York State

Reverse Mortgage Funding (RMF) is now a licensed HECM reverse mortgage lender in New York State

Reverse Mortgage Funding (RMF) is now licensed to originate Home Equity Conversion Mortgages (HECMs) in the state of New York to homeowners and homebuyers, and will offer the loans through both its retail and wholesale channels. The addition of the lender’s New York license brings its total origination footprint into 49 states and the District of Columbia, with Hawaii being the only state remaining that it is not licensed to originate in. Read the full Reverse Mortgage Daily article here.